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Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January. Sales (3,200 units)$67,200 Variable expenses38,976

Sorin Inc., a company that produces and sells a single product, has provided its contribution format income statement for January.

Sales (3,200 units)$67,200

Variable expenses38,976

Contribution margin28,224

Fixed expenses20,900

Net operating income$7,324

If the company sells 3,500 units, its total contribution margin should be closest to:(Do not round intermediate calculations.)

Brewer 8e Rechecks 2018-06-19

Multiple Choice

  • $28,224
  • $30,870
  • $60,900
  • $8,011

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